Sound Navigation and Ranging (SONAR) System Market Analysis APAC, North America, Europe, South America, Middle East and Africa - US, China, Russia, Japan, UK - Size and Forecast 2024-2028

Published: Mar 2024 Pages: 173 SKU: IRTNTR44585

Sound Navigation and Ranging (SONAR) System Market Forecast 2024-2028

The sound navigation and ranging (SONAR) system market size is forecast to increase by USD 1.52 billion, at a CAGR of 7.35% between 2023 and 2028. The market's growth rate is influenced by several factors, including the increasing preference for integrated SONAR systems, the rising adoption of SONAR systems in Intelligence, Surveillance, and Reconnaissance (ISR) operations, and the growing frequency of maritime attacks. These factors collectively drive the demand for SONAR systems, indicating a shift towards more advanced and integrated solutions in maritime security and defense. Our report examines historical data from 2018-2022, besides analyzing the current and forecasted market scenario.

Moreover, in the APAC region, the demand for SONAR systems and associated equipment is poised for significant growth, driven by the continuous enhancement of undersea capabilities in countries like China, India, Japan, South Korea, and Australia. ASELSAN AS, a prominent player in this market, offers advanced solutions such as the ASELSAN Intercept Sonar System. This system boasts the capability to detect, track, and analyze active acoustic sources within a frequency range from 1 kHz to 100 kHz.

Market Forecasting and Size

Market  Forecast 2024-2028

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Market Dynamic

The market is driven by increasing demand across various sectors such as hydrography, oil exploration, maritime observation, and military applications like anti-submarine warfare. Trends include the growing use of autonomous underwater vehicles and advancements in passive and active sonar systems. Challenges include addressing environmental concerns in marine exploration, enhancing port security against terrorist acts, and developing effective mine detection and countermeasure systems. SONAR systems play a crucial role in navigation, marine observation, and scientific applications, driving their adoption across diverse industries. Our researchers studied the market research and growth data for years, with 2023 as the base year and 2024 as the estimated year, and presented the key drivers, trends, and challenges for the market.

Key Market Driver - Increasing adoption of SONAR systems in ISR operation

Intelligence, surveillance, and reconnaissance (ISR) operations form a pivotal aspect of military missions as intelligence gathering and analyzing information influence decision-making in high-risk operations. Surveillance involves the real-time monitoring of activities and behavior of battlefield entities to observe vital movements. It employs devices with sensors to generate imagery or videos of the field. Reconnaissance is an information-obtaining activity to assess the resources of enemy troops or features of the terrain. These activities are closely related and, in combination, contribute to the situational awareness of commanders.

However, tracking silent submarines in shallow waters is a limited application of monostatic SONAR. Multistatic active SONAR, which incorporates several entities or nodes, generating signals and collecting echoes in a coordinated effort to gain a more accurate view of the target, is a promising alternative to monostatic active SONAR. Thus, the system is deployed for ISR operation to detect, track, and classify divers and other underwater threats, such as swimmer delivery vehicles (SDVs) and autonomous underwater vehicles (AUVs). Therefore, increasing focus on ISR operations will increase the application and will drive the market during the forecast period.

Significant Market Trends - Increasing demand for synthetic aperture SONAR (SAS)

Synthetic aperture SONAR (SAS) is a form of SONAR in which sophisticated post-processing of SONAR data is used to produce a very narrow, effective beam. SAS is becoming known as an imaging system that can image the seafloor at a range of hundreds of meters with a centimeter resolution. Overcoming several obstacles pertaining to the maritime environment is vital to SAS's success. It is necessary to place the SONAR along the synthetic aperture with accuracy. Synthetic aperture SONAR generates images with an average resolution of ten times higher than traditional by combining several sonic pings.

Additionally, HISAS is a wideband SAS SONAR that operates in the frequency range of 70-100 kHz. It can provide co-registered bathymetry and extremely high-resolution acoustic pictures. This is integrated with Inertial navigation (INS) navigation and makes use of modern signal processing such as Displaced Phase Centre Analysis (DPCA) to process the raw data into images. SAS is used for a range of military and civilian applications, including bathymetry, mapping, mine countermeasures (MCM), underwater archaeology, and environmental research. Thus, increasing demand for SAS is expected to positively impact the growth of the market during the forecast period.

Major Market Challenge - Reduced effectiveness of passive SONAR detection due to countermeasures

Compared to active SONAR, passive SONAR has the advantage of being applicable to a wider range of circumstances and applications. When tracking silent or covert targets like submarines that attempt to elude detection by active SONAR, passive SONAR is the most effective option. The natural noises of the water, such as those produced by weather patterns, marine life, and seismic activity, can also be observed and studied with passive SONAR. Fast-moving or noisy targets, such as ships, torpedoes, or mines that could overwhelm or elude the passive SONAR system, are harder to find and detect using this method.

Additionally, countermeasures like jamming, deception, or evasion that can lessen or change the target's sound signature are more likely to succeed against passive SONAR. Thus, the collection of target-radiated noise for passive can be affected by strong broadband jammers. Also, the detection range and accuracy will be reduced owing to the result of the appearance of a jammer suppression area. Thus, the impact of countermeasures on passive SONAR detection may negatively impact the growth of the market in focus during the forecast period.

Market Segmentation by Type, Application and Geography

The market encompasses various sectors such as hydrography, fishing, and oil exploration activities. It plays a critical role in nautical charting, marine observation, and supporting warships and nuclear submarines with military strategies. SONAR systems are pivotal in enhancing Anti-Submarine Warfare (ASW) capabilities through passive and active sonar systems. They are extensively used in oil exploration, maritime observation, and commercial oil and gas exploration, along with applications in port security, mine detection, and search and rescue operations. Furthermore, SONAR technology facilitates navigation, diver detection, seabed terrain investigation, and environmental monitoring across scientific and commercial domains, including the commercial fishing industry and underwater resource exploration.

Type Segment Analysis: 

The market share growth by the passive SONAR segment will be significant during the forecast period. Passive SONAR is primarily used for detecting noise from submarines, mines, ships, and other naval vessels. Through spectrum analysis, the technique processes the sound signal generated by the target. Also, the sound signal that is generated by the enemy target is used to estimate the bearing and characteristics of targets.

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The passive SONAR segment was the largest and was valued at USD 1.82 billion in 2018. The use of passive SONAR is expected to drive the SONAR system market growth. Unlike active SONAR, passive provides a significant advantage for military vessels. It does not emit its own signal, thus preventing hostile groups from detecting vessels or submarines that release passive SONAR. Also, multiple passive systems allow for the triangulation of a sound source. This is advantageous for military applications in surface water as the targets can be detected accurately. It can significantly detect and track submarines even at a considerable range of low frequencies. Thus, such advancements are expected to drive the growth of the segment and market during the forecast period.

Application Segment Analysis: 

Based on the application, the market has been segmented into defense, civil and commercial. The defense segment will account for the largest share of this segment.?For over a decade, major economies such as the US, China, Japan, Russia, and India have made substantial investments in the procurement of next-generation submarines and other submerged platforms, which can strengthen their naval security and information-gathering capability. Also, the increasing territorial disputes between countries have led to an increased focus on maritime warfare.  Furthermore, many of the existing submarines and other naval vessels of the US Navy and other countries' Navy are undergoing upgrades. In July 2023, The French Defence Procurement Agency (DGA) awarded Thales a contract to build a new SONAR suite for France's third-generation nuclear-powered ballistic missile submarines (SNLE 3G) and to refurbish its second-generation submarines (SNLE 2G). Thus, increasing demand from the defense industry is expected to drive the growth of the segment and the market during the forecast period.

Regional Analysis

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APAC is estimated to contribute 33% to the growth by 2028.  Technavio's analysts have provided extensive insight into the SONAR system market growth forecasting, detailing the regional trends and drivers influencing the market's trajectory throughout the forecast period. APAC is anticipated to register the highest growth in terms of demand and other associated equipment during the forecast period. This demand is primarily driven by the enhancement of undersea capabilities in countries like China, India, Japan, South Korea, and Australia. The vulnerable nature of security conditions in APAC has drawn substantial investments in underwater warfare technologies. Several undersea and surface vessel programs have been developed in the last decade in countries like India and China.

In addition, the Defence Research and Development Organisation (DRDO) of India opened a new facility in November 2023 for the testing and assessment of the Indian Navy's SONAR systems. The new facility is operational at DRDO's Naval Physical and Oceanographic Laboratory (NPOL) in Kochi, Kerala, India. This newly launched facility is named as Hull Module of Submersible Platform for Acoustic Characterisation and Evaluation (SPACE). Such facilities by defense organizations are expected to drive the regional market during the forecast period.

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

ASELSAN AS - The company offers sound navigation and ranging system such as ASELSAN Intercept Sonar System, which has capability to detect, track and analyze active acoustic source in frequency range from 1 kHz to 100 kHz.

We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including ASELSAN AS, Cobham Ltd., EdgeTech, Furuno Electric Co. Ltd., Garmin Ltd., General Dynamics Corp., GeoSpectrum Technologies Inc., Hanwha Corp., Kongsberg Gruppen ASA, L3Harris Technologies Inc., Lockheed Martin Corp., Massa Products Corp., Mistral Solutions Pvt. Ltd., RTX Corp., Simrad Yachting, Teledyne Technologies Inc., Thales Group, thyssenkrupp AG, and Western Marine Electronics Inc. 

Technavio market forecast the an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.  

Segment Overview

The market analysis and report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

  • Type Outlook 
    • Passive SONAR
    • Active SONAR
  • Application Outlook 
    • Defense
    • Civil
    • Commercial
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • South America
      • Chile
      • Brazil
      • Argentina 
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Analyst Overview 

The market is a crucial component of various sectors, including preventive defense processes, commercial oil & gas exploration activities, and military operations. It plays a vital role in defense & maritime security, providing underwater surveillance capabilities to safeguard coastlines against potential threats such as underwater mines in both shallow and deep waters. Unmanned Underwater Vehicles (UUVs) and remotely operated underwater vehicles (ROUVs) equipped with advanced Hull-mounted, Stern-mounted, and Dipping sonar systems facilitate high-resolution images and acoustic frequency data collection for oceanography and oil and gas industry applications.

Moreover, the market also addresses the inherent complexity of SONAR technology through specialized training and research and development efforts, advancing capabilities such as forward-looking sonars and 3D sonar imaging and mapping. With machine learning, sensor fusion, and smart inverters, SONAR systems enhance naval warfare strategies and vessel traffic management in water bodies, addressing evolving geopolitical situations and potential terrorist attacks to ensure secure seaborne trade activities.

Market Scope

Report Coverage

Details

Page number

173

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 7.35%

Market Growth 2024-2028

USD 1.52 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

6.95

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 33%

Key countries

US, China, Russia, Japan, and UK

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

ASELSAN AS, Cobham Ltd., EdgeTech, Furuno Electric Co. Ltd., Garmin Ltd., General Dynamics Corp., GeoSpectrum Technologies Inc., Hanwha Corp., Kongsberg Gruppen ASA, L3Harris Technologies Inc., Lockheed Martin Corp., Massa Products Corp., Mistral Solutions Pvt. Ltd., RTX Corp., Simrad Yachting, Teledyne Technologies Inc., Thales Group, thyssenkrupp AG, and Western Marine Electronics Inc.

Market dynamics

Parent market growth analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. 

Customization purview

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2024 and 2028
  • Precise estimation of the market growth and trends and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Market growth and forecasting across APAC, North America, Europe, South America, and Middle East and Africa
  • A thorough market analysis and report of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market  companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global sound navigation and ranging (SONAR) system market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global sound navigation and ranging (sonar) system market 2018 - 2022 ($ billion)
    • 4.2 Type Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Type Segment 2018 - 2022 ($ billion)
    • 4.3 Application Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Application Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Type

    • 6.1 Market segments
      • Exhibit 30: Chart on Type - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Type - Market share 2023-2028 (%)
    • 6.2 Comparison by Type
      • Exhibit 32: Chart on Comparison by Type
      • Exhibit 33: Data Table on Comparison by Type
    • 6.3 Passive SONAR - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Passive SONAR - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Passive SONAR - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Passive SONAR - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Passive SONAR - Year-over-year growth 2023-2028 (%)
    • 6.4 Active SONAR - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Active SONAR - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Active SONAR - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Active SONAR - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Active SONAR - Year-over-year growth 2023-2028 (%)
    • 6.5 Market opportunity by Type
      • Exhibit 42: Market opportunity by Type ($ billion)
      • Exhibit 43: Data Table on Market opportunity by Type ($ billion)

    7 Market Segmentation by Application

    • 7.1 Market segments
      • Exhibit 44: Chart on Application - Market share 2023-2028 (%)
      • Exhibit 45: Data Table on Application - Market share 2023-2028 (%)
    • 7.2 Comparison by Application
      • Exhibit 46: Chart on Comparison by Application
      • Exhibit 47: Data Table on Comparison by Application
    • 7.3 Defense - Market size and forecast 2023-2028
      • Exhibit 48: Chart on Defense - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 49: Data Table on Defense - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 50: Chart on Defense - Year-over-year growth 2023-2028 (%)
      • Exhibit 51: Data Table on Defense - Year-over-year growth 2023-2028 (%)
    • 7.4 Civil and commercial - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Civil and commercial - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 53: Data Table on Civil and commercial - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 54: Chart on Civil and commercial - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Civil and commercial - Year-over-year growth 2023-2028 (%)
    • 7.5 Market opportunity by Application
      • Exhibit 56: Market opportunity by Application ($ billion)
      • Exhibit 57: Data Table on Market opportunity by Application ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 59: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 60: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 61: Chart on Geographic comparison
      • Exhibit 62: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2023-2028
      • Exhibit 63: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 64: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 65: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 66: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.4 North America - Market size and forecast 2023-2028
      • Exhibit 67: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 68: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 69: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 70: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.5 Europe - Market size and forecast 2023-2028
      • Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 75: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 83: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 China - Market size and forecast 2023-2028
      • Exhibit 87: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.10 Russia - Market size and forecast 2023-2028
      • Exhibit 91: Chart on Russia - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on Russia - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on Russia - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on Russia - Year-over-year growth 2023-2028 (%)
    • 9.11 Japan - Market size and forecast 2023-2028
      • Exhibit 95: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.12 UK - Market size and forecast 2023-2028
      • Exhibit 99: Chart on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on UK - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on UK - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 103: Market opportunity by geography ($ billion)
      • Exhibit 104: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 105: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 107: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 108: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 109: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 110: Matrix on vendor position and classification
            • 12.3 ASELSAN AS
              • Exhibit 111: ASELSAN AS - Overview
              • Exhibit 112: ASELSAN AS - Product / Service
              • Exhibit 113: ASELSAN AS - Key offerings
            • 12.4 Cobham Ltd.
              • Exhibit 114: Cobham Ltd. - Overview
              • Exhibit 115: Cobham Ltd. - Product / Service
              • Exhibit 116: Cobham Ltd. - Key news
              • Exhibit 117: Cobham Ltd. - Key offerings
            • 12.5 EdgeTech
              • Exhibit 118: EdgeTech - Overview
              • Exhibit 119: EdgeTech - Product / Service
              • Exhibit 120: EdgeTech - Key offerings
            • 12.6 Furuno Electric Co. Ltd.
              • Exhibit 121: Furuno Electric Co. Ltd. - Overview
              • Exhibit 122: Furuno Electric Co. Ltd. - Business segments
              • Exhibit 123: Furuno Electric Co. Ltd. - Key offerings
              • Exhibit 124: Furuno Electric Co. Ltd. - Segment focus
            • 12.7 General Dynamics Corp.
              • Exhibit 125: General Dynamics Corp. - Overview
              • Exhibit 126: General Dynamics Corp. - Business segments
              • Exhibit 127: General Dynamics Corp. - Key offerings
              • Exhibit 128: General Dynamics Corp. - Segment focus
            • 12.8 GeoSpectrum Technologies Inc.
              • Exhibit 129: GeoSpectrum Technologies Inc. - Overview
              • Exhibit 130: GeoSpectrum Technologies Inc. - Product / Service
              • Exhibit 131: GeoSpectrum Technologies Inc. - Key offerings
            • 12.9 Kongsberg Gruppen ASA
              • Exhibit 132: Kongsberg Gruppen ASA - Overview
              • Exhibit 133: Kongsberg Gruppen ASA - Business segments
              • Exhibit 134: Kongsberg Gruppen ASA - Key offerings
              • Exhibit 135: Kongsberg Gruppen ASA - Segment focus
            • 12.10 L3Harris Technologies Inc.
              • Exhibit 136: L3Harris Technologies Inc. - Overview
              • Exhibit 137: L3Harris Technologies Inc. - Business segments
              • Exhibit 138: L3Harris Technologies Inc. - Key news
              • Exhibit 139: L3Harris Technologies Inc. - Key offerings
              • Exhibit 140: L3Harris Technologies Inc. - Segment focus
            • 12.11 Lockheed Martin Corp.
              • Exhibit 141: Lockheed Martin Corp. - Overview
              • Exhibit 142: Lockheed Martin Corp. - Business segments
              • Exhibit 143: Lockheed Martin Corp. - Key offerings
              • Exhibit 144: Lockheed Martin Corp. - Segment focus
            • 12.12 RTX Corp.
              • Exhibit 145: RTX Corp. - Overview
              • Exhibit 146: RTX Corp. - Business segments
              • Exhibit 147: RTX Corp. - Key news
              • Exhibit 148: RTX Corp. - Key offerings
              • Exhibit 149: RTX Corp. - Segment focus
            • 12.13 Simrad Yachting
              • Exhibit 150: Simrad Yachting - Overview
              • Exhibit 151: Simrad Yachting - Product / Service
              • Exhibit 152: Simrad Yachting - Key offerings
            • 12.14 Teledyne Technologies Inc.
              • Exhibit 153: Teledyne Technologies Inc. - Overview
              • Exhibit 154: Teledyne Technologies Inc. - Business segments
              • Exhibit 155: Teledyne Technologies Inc. - Key news
              • Exhibit 156: Teledyne Technologies Inc. - Key offerings
              • Exhibit 157: Teledyne Technologies Inc. - Segment focus
            • 12.15 Thales Group
              • Exhibit 158: Thales Group - Overview
              • Exhibit 159: Thales Group - Business segments
              • Exhibit 160: Thales Group - Key news
              • Exhibit 161: Thales Group - Key offerings
              • Exhibit 162: Thales Group - Segment focus
            • 12.16 thyssenkrupp AG
              • Exhibit 163: thyssenkrupp AG - Overview
              • Exhibit 164: thyssenkrupp AG - Business segments
              • Exhibit 165: thyssenkrupp AG - Key offerings
              • Exhibit 166: thyssenkrupp AG - Segment focus
            • 12.17 Western Marine Electronics Inc.
              • Exhibit 167: Western Marine Electronics Inc. - Overview
              • Exhibit 168: Western Marine Electronics Inc. - Product / Service
              • Exhibit 169: Western Marine Electronics Inc. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 170: Inclusions checklist
                • Exhibit 171: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 172: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 173: Research methodology
                • Exhibit 174: Validation techniques employed for market sizing
                • Exhibit 175: Information sources
              • 13.5 List of abbreviations
                • Exhibit 176: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

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              sound navigation and ranging (sonar) system market market

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              • What are the factors influencing the growth of the parent market?

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